The Briefing

India — With climate change becoming a major global issue, the Modi government eyes $200 billion investment to quadruple its renewable power capacity to 175 gigawatts by 2022 as part of plans to supply electricity to every household.

Vietnam — Samsung, Vietnam's biggest foreign investor, ups investment in southern Vietnam project to $2 billion . The company has pledged more than $12 billion of investments in Vietnam.

Russia — The country’s oil output is poised to reach a post-Soviet record of 10.86 million barrels a day in 2015 as the nation’s producers continue to withstand the slump in prices, according to Energy Ministry data.

Iran — Iranian Ministry of Energy announced some 47,000 to 50,000 MW of electricity should be added to the country's electricity generation capacity within 10 years. The country to attract FDI, worth $28 billion , in electricity projects in the next few years.

Israel — The Bank of Israel Research Department has revised its growth forecast for 2016 downwards, from 3.3% in its previous forecast in September to 2.8%.

Kurdistan — Gazprom Neft plans first oil well prospecting in the Kurdistan Region of Iraq in 2016.

Oman — Duqm is witnessing a boom in tourism due to its varied characteristics. It is also currently the most promising region for tourism-related investments given the infrastructure and opportunities.

Qatar — The combined value of Qatari companies’ outward investments has touched an estimated $47.5 billion over the past few years. Qatari companies launched a total of 301 projects investment activities abroad during January 2003-May 2015.

Ecuador — Schlumberger has agreed to invest a combined total of $4.9 billion over the next 20 years in Ecuador.

Costa Rica — Investment Promotion Agency: A total of 39 foreign-owned companies opened 11,935 new jobs in Costa Rica in 2015. New posts created by foreign companies accounted for 17 percent of the total in the country and 22 percent of jobs created in the private sector.

The Briefing

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